In 1993, the United States Mint released a silver quarter that contained an error that decreased the coin’s value. There was a broken line in the middle of the motto, making the design of the coin appear incorrect. Because of the error, many of these coins were melted down. However, collectors are now eager to get their hands on an example of this error coin. Here are some tips on how to identify a 1993 quarter error coin.
First, look for the die dent that caused the “spitting horse” appearance. The die cracking in Philadelphia led to the extra metal around the mouth of the horse. A rare error coin like this may fetch several hundred dollars. Another error coin is the 1999 Delaware Spitting Horse Error. It was created by a crack in the die at the Philadelphia mint. The extra metal around the mouth of the horse gives the impression that the animal is spitting. In addition to the type of error, the condition of the coin will affect the value.
One reason why statehood quarters are so rare is their production numbers. The mint produced billions of these statehood quarters. As a result, they retain little value. But a 1993 quarter error, on the other hand, has a higher value than a regular statehood quarter. Therefore, it is important to keep an eye out for one of these coins if you’re interested in coin collecting. You never know when you might come across a treasure like this.